Question

Rate of additional depreciation will be under Section 32, Indian Income Tax Act:

Rate of additional depreciation will be under Section 32, Indian Income Tax Act:

.

Option A: 0.1
Option B: 0.2
Option C: 0.5
Option D: 0.3

Correct Answer

Option: b

Explanation

Rate of additional depreciation will be 20% under Section 32 of the Income Tax Act, 1961

Sample Mock Tests for Practice

BIHAR LOWER JUDICIAL SERVICES EXAM 2020

THE INDIAN EVIDENCE ACT, 1872 (PAPER – 12 Q. NO. 441 TO 480)

AILET – National Law University Delhi Entrance Test (NLU 2017)

THE INDIAN CONTRACT ACT, 1872 (PAPER – 07 Q. NO. 211 TO 245)

AIBE-XIV-2019 (BCI-SEPT-2019-SET-D) (ALL INDIA BAR EXAM 2019)

THE SPECIFIC RELIEF ACT, 1963 (PAPER – 04 Q. NO. 106 TO 140)

THE INDIAN EVIDENCE ACT, 1872 (PAPER – 16 Q. NO. 601 TO 640)

THE HIMACHAL PRADESH COURTS ACT, 1976 (PAPER 01 Q. NO. 1 TO 23)

THE CONSTITUTION OF INDIA, 1949 (PAPER – 06 Q. NO. 176 TO 210)

THE INDIAN CONTRACT ACT, 1872 (PAPER – 14 Q. NO. 456 TO 490)

THE CODE OF CRIMINAL PROCEDURE, 1973 (PAPER – 02 Q. NO. 41 TO 80)

UTTAR PARDESH LOWER JUDICIAL SERVICES G.K. EXAM 2018

THE SPECIAL MARRIAGE ACT, 1954 (PAPER 01 Q. NO. 1 TO 10)

HIMACHAL PARDESH LOWER JUDICIAL SERVICES 2013

CHHATTISGARH LOWER JUDICIAL SERVICES 2020

THE CODE OF CRIMINAL PROCEDURE, 1973 (PAPER – 08 Q. NO. 281 TO 320)

THE CODE OF CRIMINAL PROCEDURE, 1973 (PAPER – 07 Q. NO. 241 TO 280)

THE INDIAN CONTRACT ACT, 1872 (PAPER – 01 Q. NO. 1 TO 35)

AIBE-XII-2018-I (BCI-JUN-2018-SET-A) (ALL INDIA BAR EXAM 2018-I)

THE SPECIFIC RELIEF ACT, 1963 (PAPER – 01 Q. NO. 1 TO 35)

THE LIMITATION ACT, 1963 (PAPER 05 Q. NO. 161 TO 200)

THE CODE OF CIVIL PROCEDURE, 1908 (PAPER – 12 Q. NO. 441 TO 480)

THE CODE OF CRIMINAL PROCEDURE, 1973 (PAPER – 21 Q. NO. 801 TO 840)

THE MAHARASHTRA RENT CONTROL ACT, 1999 (PAPER 01 Q. NO. 1 TO 15)

THE HINDU MARRIAGE ACT, 1955 (PAPER NO.: 04 Q. 76 TO 100)

JHARKHAND LOWER JUDICIAL SERVICES 2019

THE CODE OF CRIMINAL PROCEDURE, 1973 (PAPER – 09 Q. NO. 321 TO 360)

MADHYA PARDESH LOWER JUDICIAL SERVICES 2021

THE CODE OF CIVIL PROCEDURE, 1908 (PAPER – 22 Q. NO. 841 TO 874)

THE INDIAN CONTRACT ACT, 1872 (PAPER – 18 Q. NO. 596 TO 636)

THE INDIAN EVIDENCE ACT, 1872 (PAPER – 18 Q. NO. 681 TO 720)

HIMACHAL PARDESH LOWER JUDICIAL SERVICES 2009

THE LIMITATION ACT, 1963 (PAPER 06 Q. NO. 201 TO 240)